The market has been down on Intel Corporation (INTC) stock recently. INTC gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
Intel Corporation has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on INTC!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With INTC Stock Today?
Intel Corporation (INTC) stock is trading at $52.43 as of 3:15 PM on Monday, Sep 20, a loss of -$1.83, or -3.37% from the previous closing price of $54.26. The stock has traded between $52.32 and $53.50 so far today. Volume today is 18,701,947 compared to average volume of 18,921,780.
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More About Intel Corporation
Intel is the world's largest chipmaker. It designs and manufactures microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors. It was the prime proponent of Moore's law for advances in semiconductor manufacturing, though the firm has recently faced manufacturing delays. While Intel's server processor business has benefited from the shift to the cloud, the firm has also been expanding into new adjacencies as the personal computer market has stagnated. These include areas such as the Internet of Things, artificial intelligence, and automotive. Intel has been active on the merger and acquisitions front, acquiring Altera, Mobileye, and Habana Labs in order to bolster these efforts in non-PC arenas.
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